Title: AN ACT TO AMEND SECTION 27-15-3, MISSISSIPPI CODE OF 1972, TO REVISE THE DEFINITION OF THE TERM "PLACE OF BUSINESS" FOR PURPOSES OF THE STATEWIDE PRIVILEGE TAX LAW TO PROVIDE THAT THE TERM DOES NOT INCLUDE ANY FACILITY OWNED BY THE STATE OF MISSISSIPPI WHICH IS OPEN TO THE PUBLIC LESS THAN TWELVE MONTHS OF EACH YEAR AND WHERE A VENDOR OPERATING FROM SUCH FACILITY IS A PRODUCER OF LIVESTOCK, POULTRY, FISH OR OTHER PRODUCTS OF FARM, GROVE OR GARDEN WHERE FIFTY PERCENT OR MORE OF THE SALES BY SUCH VENDOR ARE FROM ITEMS PRODUCED BY THE VENDOR WHICH REMAIN IN THE ORIGINAL STATE OR CONDITION OF PREPARATION FOR SALE BEFORE THE PRODUCTS ARE SUBJECTED TO ANY OTHER PROCESS; AND FOR RELATED PURPOSES.

Information pertaining to this measure was last updated on 02/26/03 at 16:02.